PPP Loan information for Mq operating company

$232,600

Mq operating company was initially approved for PPP Loan of amount $232,600, the current approved amount is $232,600. The loan was approved on 04/08/2020 by The Range Bank reported 22 jobs and $232,600 was used to fund payroll.

Mq operating company is Existing or more than 2 years old

MQ OPERATING COMPANY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MQ OPERATING COMPANY

Borrower Address

416 6th St

Borrower City

CALUMET

Borrower State

MI

Borrower Zip

49913-1412

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232600.00

Current Approval Amount

232600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALUMET

Project County Name

HOUGHTON

Project State

MI

Project Zip

49913-1412

CD

MI-01

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8456.00

Payroll Proceed

203985.00

Mortgage Interest Proceed

0.00

Rent Proceed

1600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15746.00

Debt Interest Proceed

2813

Business Type

Subchapter S Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233995.60

Forgiveness Date

11/23/2020

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